Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ADVISORY/Meara of Alogent and Bost of Diebold Participate on the 'Point of Presentment Strategies in a Check 21 World' Panel at TAWPI Checks in Transition/2004 Conference.


Business Editors

ADVISORY...for Thursday Thursday: see week.  (Mar. 4)

TAWPI (The Association for Work Process Improvement, Boston, MA, www.tawpi.org) A membership organization dedicated to the improvement of work processes in data capture, document and remittance processing.  Checks in Transition Conference

--(BUSINESS WIRE)

Who:   Robert Meara, director of product marketing for Alogent
       Corporation and Peg Bost, director of financial industry
       marketing for Diebold, Incorporated, are co-presenting on a
       panel discussion at the TAWPI Checks in Transition/2004
       Conference.  Currently, Alogent processes one billion
       transactions annually in the U.S. and is the technology
       supplier for the largest branch deposit automation
       implementation in the world.  Diebold is a global leader in
       providing integrated self-service delivery systems, security
       and services.  Andy Kurtz, product Manager for Wausau Financial
       Systems, will also participate on the panel.

What:  According to The Check Stops Here:  The Forces Moving Check
       Truncation to the ATM, a paper published by CELENT, the ATM has
       been an overlooked factor in improving the check deposit
       handling process.  ATMs handle, on average, only 10 to 15
       percent of total retail check deposits, but they have a proven
       potential to handle more than 40 percent.  By capturing images
       and data at the ATM, banks can generate savings as high as 75
       percent per item.

       The Diebold-Alogent presentation will provide attendees with a
       high level view of the universal benefits of an enterprise-wide
       image and data workflow from all points of presentment,
       including such locations as teller counters, commercial back
       counters, cash vaults, ATMs, corporate lockboxes, and merchant
       back offices. The participants will then make a closer
       examination of the specific benefits and challenges facing
       bankers integrating image and data capture at the ATM.

       Deposit automation increases consumer satisfaction by enhancing
       the quality of the deposit transaction, increasing the accuracy
       of float assignment and improving workflow efficiencies.  Check
       imaging at the point-of-service enables institutions to better
       manage risk by reducing the chance for fraud, bad checks or
       kiting.

       In addition to significantly reducing check-processing costs,
       deposit automation allows financial institutions to accelerate
       electronic check clearing and settlement under Check 21.

Where: TAWPI Checks in Transition Conference
       Millenium Hotel
       St. Louis, MO

When:  March 4, 2004
       11:30 a.m. - 12:30 p.m.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 3, 2004
Words:340
Previous Article:RR Donnelley Announces Senior Executives in Long-Run Print Solutions and International.
Next Article:The Bear Stearns Companies Inc. Declares Preferred Stock Dividend.



Related Articles
Alogent Corporation Prepares Banks for the Check Truncation Act - Check 21 - and The Twelve Month Payments Integration Period.
Alogent Announces Strategic Alliance With Diebold To Automate ATM Check Deposits; Image-Based Deposit Automation at ATM Facilitates Straight Through...
Alogent Unveils Point-of-Presentment Deposit Automation Strategy for Check 21.
Alogent Launches Check 21 Solution Center; Financial Institutions Get Firsthand Look at Image Enabled Check Processing Solutions and Benefits.
ADVISORY/Alogent's Bob Meara and Celent Communications' Alenka Grealish Present 'Conversion or Truncation? How & Where to Decide' at the NACHA...
Alogent Demonstrates Live Check 21 Intrabank and Interbank Image and Data Exchange Network at BAI TransPay.
Alogent to Integrate Check 21 Solutions with Endpoint Exchange Network.
Alogent Corporation and S1 Corporation Present 'Mission Critical: The Financial Imperative for Taking Check 21 to the Branch - Now' at the 2004 BAI...
Deposit Automation Becomes a Catalyst to Drive Organic Growth in Retail Branches; Industry Leader Alogent Corporation Delivers Trans-Channel Point of...
TransChannel Deposit Automation: Part 3; Successfully Implementing ATM Deposit Automation.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles